A NEW WAY FOUNDATION INC
SEA GIRT,
New Jersey,
08750
EIN: 87-4326393
Philanthropy, Voluntarism and Grantmaking Foundations
DEMOGRAPHIC
ADDRESS
2130 HIGHWAY 35 BLDG B 224
08750
COUNTY
monmouth county, NJ
IN CARE OF NAME
ANGELA SCHIAVONI
ORGANIZATIONAL OVERVIEW & RANKINGS
A NEW WAY FOUNDATION INC is a based in SEA GIRT, NJ, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Fund Raising and/or Fund Distribution. Established in August 2022, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $733,870.00, this ranks 248,346 among 2,656,690 nonprofits nationally (Top 10%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 6,498 out of 72,131 organizations in NJ (Top 9%).
In monmouth county, NJ, the organization ranks 517 out of 5,509 nonprofits by assets (Top 10%), while locally in sea girt, it stands at 8 among 58 organizations (Top 8%).
The organization reported annual revenue of $2,500.00, ranking 616,891 nationally (Top 24%) and 17,907 in NJ (Top 25%).
Within its specific NTEE classification (T12 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 7,906 similar organizations, A NEW WAY FOUNDATION INC ranks 647 in assets (Top 9%) and 1,695 in revenue (Top 22%).
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T12: Fund Raising and/or Fund Distribution
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
1: $1 to $9,999
INCOME AMOUNT
$2,500.00
FORM 990 REVENUE AMOUNT
$2,500.00
RULING DATE
08/2022
ASSET CODE
5: $500,000 to $999,999
ASSET AMOUNT
$733,870.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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